PJSC Mechel : Mechel Launches Development of Sivaglinskoye Iron Ore Deposit

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Sep 09, 2021

MOSCOW, RUSSIA / ACCESSWIRE / September 9, 2021 / Mechel PAO (MOEX:MTLR, NYSE:MTL), one of the leading Russian mining and metals companies, reports developing design estimate and approval documentation for launching works at the Sivaglinskoye iron ore deposit. The company will invest approximately two billion rubles in this project by the end of 2022. The deposit will be developed by open mining.